{"schema_version":"secwatch.filing_event.v1","accession":"0001808834-24-000063","form_type":"8-K","ticker":"PRG","cik":"0001808834","company_name":"PROG Holdings, Inc.","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.240466+00:00","generated_at":"2026-06-03T09:49:35.600770+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"PROG Holdings Q1 2024: revenue $641.9M, adj EBITDA $72.6M, non-GAAP EPS $0.91; raises FY outlook","bullets":["Consolidated revenue $641.9M (-2% YoY), adjusted EBITDA $72.6M (-19.1% YoY), diluted EPS $0.49; non-GAAP EPS $0.91.","Progressive Leasing GMV $418.5M flat YoY; provision for lease write-offs 7.0% within target range.","Company raises full-year 2024 revenue guidance to $2.285-$2.360B and adjusted EBITDA to $240-$255M.","Repurchased $24.4M of stock at avg price $31.31; paid $0.12 per share dividend; $475.6M remaining authorization.","Q2 2024 guidance: revenue $550-$575M, adjusted EBITDA $58-$63M, non-GAAP EPS $0.65-$0.75."],"urls":{"canonical":"https://secwatch.observer/filing/0001808834-24-000063","json":"https://secwatch.observer/filing/0001808834-24-000063.json","markdown":"https://secwatch.observer/filing/0001808834-24-000063.md","text":"https://secwatch.observer/filing/0001808834-24-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1808834/000180883424000063/0001808834-24-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1808834/000180883424000063/prg-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:49:35.600770+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ca4a395e30e3bcd5e1b21d92c2bebed4709f54f6","claim":"PROG Holdings, Inc. reported the first quarter ended March 31, 2024 results: revenue $641.9 million, net income $22.0 million, EPS $0.49. Guidance raised.","evidence_excerpt":"PROG Holdings Reports First Quarter 2024 Results • Consolidated revenues of $641.9 million; Earnings before taxes of $31.6 million • Adjusted EBITDA of $72.6 million • Diluted EPS of $0.49; Non-GAAP Diluted EPS of $0.91","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1808834/000180883424000063/0001808834-24-000063-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$641.9 million"},{"label":"Net income","value":"$22.0 million"},{"label":"EPS","value":"$0.49"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}